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Things I Wish I Knew About Money Earlier

Finance 3 hrs ago
  • User
    Withpride1
    3 hrs ago
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    1. Saving is not enough

    Keeping money in a savings account won’t grow it. Inflation will reduce its value if you don’t invest.

     

    2. Budgeting gives freedom, not restriction

    A budget doesn’t trap you, it shows you where your money goes and helps you control it.

     

    3. Start small, but start early

    Even ₦500 set aside consistently builds discipline. Waiting for “big money” to save or invest is a trap.

     

    4. Multiple streams of income are necessary

    One source of income is too risky. Side hustles, freelancing, or investments can make the difference.

     

    5. Financial knowledge pays the best interest

    The more you learn about money, the better decisions you’ll make. Books, podcasts, and communities are free teachers.

     

    What are some money lessons you wish you learned earlier? Add yours in the comment.

     

    #Konnet #MoneyLessons #Nigeria #PersonalFinance

     

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